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Kogi state govt moves to recover Obajana cement plant from Dangote

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The Kogi state government says it has commenced the process of recovering the cement plant in Obajana from Dangote Industries Limited.

On Wednesday, the cement plant was sealed due to an “ownership tussle” between the company and the state government.

The government’s resolution is contained in a report by the specialised technical committee on the evaluation of the legality of the alleged acquisition of Obajana Cement Company by Dangote Cement.

The report was presented to the public by Folashade Ayoade, secretary to the state government (SSG), on Thursday in Lokoja.

During the presentation, Ayoade alleged that the transfer of Obajana Cement Company to Dangote Industries Limited was “invalid, null and void”.

She disclosed that, in the report, three certificates of occupancy for Obajana Cement Company Plc, which was solely owned by the Kogi state government at the time, were used to obtain a loan of N63 billion by Dangote.

According to her, the committee, in view of its findings, has, therefore, recommended that Kogi state should take steps to recover Obajana Cement Company from Dangote Group.

The committee, chaired by the SSG, also recommended that: “Kogi state government should take steps to recover all accrued dividends from profits made over the years, including accrued interest on same.

“Kogi state government should take steps to cancel the existing seven certificates of occupancy in the name of Dangote Cement Company.

“There is no evidence of consideration paid by Dangote Industries Limited to Kogi state government from the alleged transfer of Obajana Cement Company Plc and no dividend was paid to the state from the profits realised from the inception of Dangote Cement Company Plc to date.

“By the assignment of the three certificates of occupancy, the title in Obajana Cement Company Plc, still vests in Kogi state government as the sole owner.

“The three documents were used to obtain a loan of sixty-three billion naira only (63,000,000,000.00) to finance the construction of the cement plant in Obajana.”

On his part, Matthew Kolawole, speaker of the Kogi state house of assembly, said that the acquisition of the Obajana Cement Company by Dangote was without the resolution of the house of assembly which made the process null and void.

“It is clear that you cannot sell a state government property of any form without the resolution of the Kogi state house of assembly,” he said.

“All the transfer process of the share capital to Dangote from Obajana by the previous administration was without any law backing it by the state house of assembly.”

In his remarks, Yahaya Bello, Kogi governor, said he had taken the bold step in line with his mandate to safeguard the lives and livelihood of the people of Kogi state, including residents, and to ensure their wellbeing.

Bello said this was also coming on the heels of protests by the people of the state who felt they had been suppressed and marginalised by Dangote Group who had come to rip them off.

The governor, however, said the state was open to discussions once Dangote Group is ready to come clean.

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No casualty as fire guts section of FRCN building in Lagos

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A fire outbreak at the Federal Radio Corporation of Nigeria (FRCN) in the Ikoyi area of Lagos has reportedly damaged the studio of the station.

The fire reportedly broke out Wednesday evening at the studio section of the radio station.

The Lagos State Fire and Rescue Service said it was alerted about the fire incident at about 5:30 pm, noting that firefighters from Dolphin and Ebute Elefun were the first responders.

“The public is, however, assured that the collaborative efforts with the Federal Fire Service and other emergency responders, including the Nigerian Police, have put the situation under control and confined it to the studio section of the U-shaped, one-storey building where it emanated,” a post by the agency on X reads.

“While the cause of the fire is yet unknown, with no report of any casualty, damping down of the fire embers continues. Update to follow as situation demands.”

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NDLEA relocates to new headquarters in Abuja

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The National Drug Law Enforcement Agency has officially relocated its headquarters to a new facility in the Jahi area of Abuja.

The first phase of the project inaugurated during an interdenominational service on Wednesday, is expected to be completed with the 2025 budgetary provisions.

This was disclosed in a statement by the NDLEA Director, Media and Advocacy, Femi Babafemi on Wednesday.

Speaking at the ceremony, NDLEA Chairman and Chief Executive Officer, Brig. Gen. Mohamed Marwa, described the move as a vital step in the agency’s development.

Marwa explained that the new headquarters was necessary to accommodate the agency’s expansion and improve operations.

He stated, “I’m glad we have finally moved in to occupy this facility after initial budgetary constraints. Even though this is the first phase of the new headquarters project, we are hopeful that we will be able to complete the process with next year’s budget.

“This is not 100% completed but it is sufficiently functional for us to move in because I was determined to move in before the end of 2024 because with the expansion of the Agency, the headquarters also expanded, and in our old location we could not accommodate everyone. I have had to post scores of officers due to a lack of space for them to work.

“It was for this reason that the management took a unanimous decision that since it was not 100% ready and we needed it, we should make it a low-key inauguration ceremony. This will enable us to relocate some of our directorates still operating outside Abuja into one facility to consolidate our operations for efficiency, effectiveness and seamless coordination.”

He added that the old head office in Gimbiya, Garki area of the FCT will continue to serve as the headquarters annex.

He thanked President Bola Tinubu for his continued support and encouragement to the agency to be in a position to achieve its mandate of curbing substance abuse and illicit drug trafficking in the country.

“The support we are getting from our international partners and local stakeholders, especially President Bola Tinubu, the National Assembly, the Judiciary and the citizenry, is not just to appreciate our efforts but to encourage us to do more and I believe this new work environment will motivate you to surpass past feats,” Marwa stated.

In his welcome remarks, the agency’s Secretary, Shadrach Haruna, commended Marwa for providing inspiring leadership that has in three years transformed NDLEA into the same class as its counterparts across the world in terms of professionalism, capability and capacity.

Haruna said, “The commissioning of our headquarters today is part of the incremental but well-laid agenda for the repositioning of the Agency by the chairman. We have witnessed some monumental achievements since 2021, including increasing the staff strength of the Agency from 5,000 to 15,000. Promotion of officers, opening up of vacancies, payment of accumulated allowances to staff and widows of our fallen officers, the recent amendment of the Agency’s enabling law by the National Assembly, and many more.

Christian and Islamic prayers were offered for Tinubu and Nigeria while a commemorative plaque was unveiled to mark the event.

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Governor Okpebholo approves free rides for residents

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The Edo State Governor, Monday Okpebholo, has approved free bus services for the people of the state through the Edo City Transport Service.

In a press statement on Tuesday issued by the Chief Press Secretary to the governor, Fred Itua, the initiative is part of the Okpebholo administration’s drive to entrench his policy direction.

The free bus service, according to the statement, will cover Benin metropolis and the three Senatorial Districts of the state (Intra and Intercity routes) and is part of the governor’s commitment to enhance the welfare of all Edo people.

The statement added, “The bus services will ease the transportation stress. Our people who plan to move around within the Benin metropolis and out will be able to do that without any extra financial burdens.

“Edo Central, like Ekpoma, Iruekpen, Irrua, Uromi, and other places, are also part of the routes the free transportation services will cover.

“Edo North is fully captured. Agbede, Auchi, Okpella, Fugar, and other parts of Edo North are covered in the free transportation scheme of Governor Monday Okpebholo.”

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